(HTGC) Hercules Capital - Ratings and Ratios
Venture Debt, Growth Capital, Asset-Based Lending
HTGC EPS (Earnings per Share)
HTGC Revenue
Description: HTGC Hercules Capital August 03, 2025
Hercules Capital, Inc. (NYSE:HTGC) is a business development company that provides financing solutions to privately held and publicly listed companies, focusing on venture capital-backed businesses at various stages of development. The firm offers a range of financial products, including venture debt, growth capital, and asset-based financing, to support companies in different industries, such as technology, SaaS, and energy technology.
Key aspects of Hercules Capitals business model include providing customized financing solutions, investing in structured debt with warrants, and targeting companies with established operations. The firms investment strategy is geared towards supporting companies with growth potential, and its portfolio includes a mix of debt and equity investments. Notable KPIs to evaluate Hercules Capitals performance include its net investment income, dividend yield, and return on assets (ROA). As a business development company, Hercules Capital is required to distribute at least 90% of its taxable income to shareholders, making its dividend yield an important metric. Additionally, the firms ability to manage its investment portfolio and maintain a healthy ROA is crucial to its long-term success.
To further analyze Hercules Capitals performance, other relevant KPIs include its debt-to-equity ratio, interest coverage ratio, and the percentage of non-accrual loans in its portfolio. A high debt-to-equity ratio may indicate a higher risk profile, while a strong interest coverage ratio suggests the firms ability to service its debt. The percentage of non-accrual loans is also an important metric, as it indicates the quality of the firms investment portfolio. By examining these KPIs, investors can gain a more comprehensive understanding of Hercules Capitals financial health and investment performance.
HTGC Stock Overview
| Market Cap in USD | 3,196m |
| Sub-Industry | Asset Management & Custody Banks |
| IPO / Inception | 2005-06-09 |
HTGC Stock Ratings
| Growth Rating | 51.3% |
| Fundamental | 35.3% |
| Dividend Rating | 70.0% |
| Return 12m vs S&P 500 | -18.8% |
| Analyst Rating | 4.0 of 5 |
HTGC Dividends
| Dividend Yield 12m | 8.93% |
| Yield on Cost 5y | 23.39% |
| Annual Growth 5y | 3.77% |
| Payout Consistency | 93.1% |
| Payout Ratio | 116.0% |
HTGC Growth Ratios
| Growth Correlation 3m | -69.1% |
| Growth Correlation 12m | -0.7% |
| Growth Correlation 5y | 85.7% |
| CAGR 5y | 18.42% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.69 |
| CAGR/Mean DD 3y (Pain Ratio) | 2.54 |
| Sharpe Ratio 12m | 0.40 |
| Alpha | -19.69 |
| Beta | 0.891 |
| Volatility | 22.35% |
| Current Volume | 1515.7k |
| Average Volume 20d | 1190k |
| Stop Loss | 17.3 (-3.5%) |
| Signal | 0.22 |
Piotroski VR‑10 (Strict, 0-10) 1.5
| Net Income (-72.3m TTM) > 0 and > 6% of Revenue (6% = 20.8m TTM) |
| FCFTA -0.16 (>2.0%) and ΔFCFTA -26.00pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 14.14% (prev 4.63%; Δ 9.51pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.16 (>3.0%) and CFO -715.8m <= Net Income -72.3m (YES >=105%, WARN >=100%) |
| Net Debt (-12.7m) to EBITDA (221.3m) ratio: -0.06 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.95 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (194.4m) change vs 12m ago 20.33% (target <= -2.0% for YES) |
| Gross Margin 79.71% (prev 89.24%; Δ -9.53pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 8.59% (prev 13.88%; Δ -5.28pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.53 (EBITDA TTM 221.3m / Interest Expense TTM 62.6m) >= 6 (WARN >= 3) |
Altman Z'' 0.49
| (A) 0.01 = (Total Current Assets 65.6m - Total Current Liabilities 16.6m) / Total Assets 4.41b |
| (B) 0.02 = Retained Earnings (Balance) 88.9m / Total Assets 4.41b |
| (C) 0.04 = EBIT TTM 158.4m / Avg Total Assets 4.03b |
| (D) 0.08 = Book Value of Equity 182.0m / Total Liabilities 2.22b |
| Total Rating: 0.49 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 35.29
| 1. Piotroski 1.50pt = -3.50 |
| 2. FCF Yield -22.49% = -5.0 |
| 3. FCF Margin data missing |
| 4. Debt/Equity 0.01 = 2.50 |
| 5. Debt/Ebitda -0.06 = 2.50 |
| 6. ROIC - WACC (= -6.11)% = -7.64 |
| 7. RoE -3.47% = -0.58 |
| 8. Rev. Trend -6.75% = -0.51 |
| 9. EPS Trend -49.79% = -2.49 |
What is the price of HTGC shares?
Over the past week, the price has changed by +1.70%, over one month by -5.24%, over three months by -2.47% and over the past year by -1.47%.
Is Hercules Capital a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HTGC is around 19.04 USD . This means that HTGC is currently overvalued and has a potential downside of 6.25%.
Is HTGC a buy, sell or hold?
- Strong Buy: 3
- Buy: 3
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the HTGC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 21.1 | 17.7% |
| Analysts Target Price | 21.1 | 17.7% |
| ValueRay Target Price | 21.4 | 19.3% |
HTGC Fundamental Data Overview November 01, 2025
P/E Trailing = 11.5724
P/E Forward = 9.7087
P/S = 6.3406
P/B = 1.5836
P/EG = 0.5218
Beta = 0.891
Revenue TTM = 346.6m USD
EBIT TTM = 158.4m USD
EBITDA TTM = 221.3m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 16.6m USD (from shortTermDebt, last quarter)
Debt = 16.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -12.7m USD (from netDebt column, last quarter)
Enterprise Value = 3.18b USD (3.20b + Debt 16.6m - CCE 29.3m)
Interest Coverage Ratio = 2.53 (Ebit TTM 158.4m / Interest Expense TTM 62.6m)
FCF Yield = -22.49% (FCF TTM -715.8m / Enterprise Value 3.18b)
FCF Margin = -206.5% (FCF TTM -715.8m / Revenue TTM 346.6m)
Net Margin = -20.87% (Net Income TTM -72.3m / Revenue TTM 346.6m)
Gross Margin = 79.71% ((Revenue TTM 346.6m - Cost of Revenue TTM 70.3m) / Revenue TTM)
Gross Margin QoQ = 85.82% (prev 96.46%)
Tobins Q-Ratio = 0.72 (Enterprise Value 3.18b / Total Assets 4.41b)
Interest Expense / Debt = 138.2% (Interest Expense 22.9m / Debt 16.6m)
Taxrate = 21.0% (US default 21%)
NOPAT = 125.2m (EBIT 158.4m * (1 - 21.00%))
Current Ratio = 3.95 (Total Current Assets 65.6m / Total Current Liabilities 16.6m)
Debt / Equity = 0.01 (Debt 16.6m / totalStockholderEquity, last quarter 2.19b)
Debt / EBITDA = -0.06 (Net Debt -12.7m / EBITDA 221.3m)
Debt / FCF = 0.02 (negative FCF - burning cash) (Net Debt -12.7m / FCF TTM -715.8m)
Total Stockholder Equity = 2.08b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.64% (Net Income -72.3m / Total Assets 4.41b)
RoE = -3.47% (Net Income TTM -72.3m / Total Stockholder Equity 2.08b)
RoCE = 7.61% (EBIT 158.4m / Capital Employed (Equity 2.08b + L.T.Debt 0.0))
RoIC = 3.14% (NOPAT 125.2m / Invested Capital 3.98b)
WACC = 9.25% (E(3.20b)/V(3.21b) * Re(9.30%) + (debt cost/tax rate unavailable))
Discount Rate = 9.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 11.00%
Fair Price DCF = unknown (Cash Flow -715.8m)
EPS Correlation: -49.79 | EPS CAGR: -57.33% | SUE: -4.0 | # QB: 0
Revenue Correlation: -6.75 | Revenue CAGR: 12.37% | SUE: -0.62 | # QB: 0
Additional Sources for HTGC Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle